trending Market Intelligence /marketintelligence/en/news-insights/trending/fior_5g3pbylqhftc44k5w2 content esgSubNav
In This List

Kroll affirms Israel Discount Bank of New York's ratings

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


Kroll affirms Israel Discount Bank of New York's ratings

Kroll Bond Rating Agency on Oct. 18 affirmed Israel Discount Bank of New York's A- senior unsecured debt and deposit ratings, BBB+ subordinated debt rating and K2 short-term debt and deposit ratings.

The outlook for all long-term ratings is "stable."

The rating agency said the ratings reflect the bank's "comparatively strong capital profile, better-than average asset quality, and favorable historical loss rates."

Additionally, the bank's "comprehensive liquidity and stress testing infrastructure, and conservative credit risk appetite" along with the management team's "extensive knowledge of [its] high-profile customer base" also support the ratings.

New York-based Israel Discount Bank of New York is a unit of Discount Bancorp Inc., which, in turn, is a unit of Israel-based Israel Discount Bank Ltd.